McCarthy & Stone plc (LON:MCS) announced its earnings results on Tuesday. The company reported GBX 13.80 ($0.18) earnings per share for the quarter, missing the consensus estimate of GBX 14 ($0.18) by GBX (0.20) ($0.00), Bloomberg Earnings reports. The business had revenue of GBX 6,609 billion for the quarter. McCarthy & Stone plc had a net margin of 7.39% and a return on equity of 5.04%.
McCarthy & Stone plc (LON:MCS) opened at GBX 157.50 ($2.07) on Tuesday. McCarthy & Stone plc has a 12-month low of GBX 143.90 ($1.89) and a 12-month high of GBX 199.60 ($2.63).
Several analysts have recently weighed in on the company. Peel Hunt restated a “buy” rating and set a GBX 220 ($2.89) target price on shares of McCarthy & Stone plc in a research note on Wednesday, September 6th. Deutsche Bank AG restated a “buy” rating on shares of McCarthy & Stone plc in a research note on Monday, August 14th. Barclays PLC restated an “underweight” rating and set a GBX 152 ($2.00) target price on shares of McCarthy & Stone plc in a research note on Friday, September 22nd. Finally, Canaccord Genuity lowered their target price on McCarthy & Stone plc from GBX 195 ($2.56) to GBX 187 ($2.46) and set a “buy” rating for the company in a research note on Monday, August 7th. One analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 208.75 ($2.75).
About McCarthy & Stone plc
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